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PG, I was kidding about the post/follow ratio. Look forward to your input and thanks for the kind words.
ST
Hey PG, be careful, your posts might catch up to your follows. lol
VRUSLONG
ST
Good job and thanks to the person who put up the 10K buy @.0123 at the last second. Green is my new favorite color.
VRUS LONG
ST
Wow down, a new spreadsheet entry, I'm impressed.
VRUS LONG
ST
Just beautiful, Holding a .0120 support even in very low volume. That's a strong like bull stock! See you June 15th.
VRUS LONG
ST
No worries 420, you're good here.
VRUS LONG
ST
Hey 420, I don't have an opinion about Monaker dumping their shares. It's their right to do what the like with them and I can't stop that hence no opinion.
You ask of tell tail signs of this happening. Obviously the daily volume and PPS would be a tell tail. If you're inferring the float would change I suggest you take a different Tac. Those shares sold would not change the float by one share as they then become available purchase. Your thought process would also require OTC Markets to update their float number for VRUS daily. Not happening.
I have on many occasions enjoyed your posts. This is not one of them.
Good trading,
ST
We already went over this. Pay attention please and don't waist peoples time.
ST
Sorry 420, you're confused or just recalled incorrectly. -The float amount has nothing to do with dilution.
VRUS LONG
ST
You have asked this before and were properly answered. Why are you asking again? You know what the answer is. Another sandbox please, this one is full.
VRUS LONG
ST
hummba, does it hurt were you pull this stuff out of?
VRUS LONG
ST
PennyGrubber, great first post! Glad you have finally come out of the lurking to join us. I hit one for you as well. You now have a very unusual stat. More follows than posts. Good job and look forward to more.
VRUS LONG
ST
As always, HRH TF right on point. Your posts are always a treat.
VRUS LONG
ST
You said the same thing when we hit a penny and now up 25%. Is your spreadsheet broken?
VRUS LONG
ST
I love green blood, must be the Hulk you're thinking of. Where do you get this stuff?
VRUS
ST
Down, your 100/100 incorrect rate is impressive.
Good trading tool to use.
Just read your post and put your order in the opposite direction.
Thanks so much for your trading help.
VRUS LONG
ST
Hey LoneJagFan, The 10 million fat finger trade would not have been stopped by the broker review. It was a sell put in at market. Sells go straight through without review just buys have the call in screen.
Who knows what really happened. It will be very interesting to find out if we get to at all. Like your posts.
Let's get some green on today.
VRUS LONG
ST
arizonaminingman, sorry for the spelling error. I can't believe I misspelled my own stocks name. No excuse, I don't know what happened other than a 60 year old brain fart. I have spelled Verus a hundred times properly. Go figure. I agree with your thought 100%. I'm usually very detailed oriented.
VRUS LONG
ST
limer, that was precious!
VRUS LONG
ST
Shotsky you are wrong on all thee counts!
Your first sentence,
Quote:
"No, etrade is not affecting the stock price. They are simply a broker, and have stepped up a level of safety because of something Verus has said or done". ________________________________________________________________________
First off this one is both common sense and 4th grade math. Understanding ETRADE is only the broker but the ones who implemented the "Must call in to purchase screen". Example: you read some great news about this hot food distribution stock that looks like a real company. You put in a buy order and the call in screen comes up. You become a little uneasy about the purchase and move on to the next pick. That all by itself affects the PPS and don't even try on that one.
This is not to mention the VRUS holders who don't want to fool with calling in let alone the traders moving their account somewhere else.
_________________________________________________________________________
Your second sentence.
Quote:
_________________________________________________________________________
"They are simply a broker, and have stepped up a level of safety because of something Versus has said or done".
________________________________________________________________________
That is pure nonsense and speculation on your part. You have already said this prior and been rebutted. You have no way of knowing that. Only ETRADE knows what really started this, all other brokers have no issues with Versus. That one put you in the bash$rs category. Good job.
Your third sentence:
Quote:
______________________________________________________________________
That latest convertible note for BLF is backed by unregistered shares - which MIGHT be what etrade is using caution for...
Read the 8K and the note where it says:
“NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.” _______________________________________________________________________
You say that the convertible note is backed by "unregistered Securities". That is patently false! You did your twisted interpretation on that one but I see you left the word MIGHT in caps as a way out.
Understanding that Versus is the seller and GS Capital, LLC is the buyer, the notes are backed up in the 8k by six million very registered Versus shares and how would you ever think any of Versus shares were unregistered from the 1933 securities act? That one was way out there.
Please feel free to show me anywhere in the 8k or any other Versus filing that any of their stock is unregistered. I'll wait.
Lastly and most comically, the bolded copy and paste of the Safe Harbor act filing disclaimer: (attached to all private placements by law)
The Note Versus sold, also being called a "Securities Purchase Agreement" is a private placement which it clearly states in the filing, yes filing with the SEC under section 4 (a)(2) of the 1933 securities act which covers all six private placements under Reg D of the Safe Harbor provision exempting it from registration and offered as a 501D.
If you read your own post in the Safe Harbor notice, (the one you copied and pasted) 3/4 down it uses the word "OR" (B) that registration is not required under the act.
In closing, nearly all OTC companies find funding at one point through Private Placements and back them with stock as one type of collateral. That would mean that ETRADE would have to "call in" for buys on most of the OTC stocks on the Pink sheets. My broker and many others have no problem with VRUS let alone all the others. If you held a securities license and made these type of unfounded claims your license would be immediately suspended or revoked.
After my Military career I obtained a Securities License (now expired) many years ago. I worked for a Venture Capital firm doing of all things, private placements for the secondary market.
VRUS LONG
SierraTrader
PS yes individual traders can short the pinks, it's just expensive.
He's not even close alaeloa.
VRUS
ST
Hey Shotsky, have you ever held a securities license? Just curious.
VRUS
ST
Oh my, 5 million shares traded today and you call dilution. Someone please find Moses to part this red sea of dilution.
Give I a rest Mad.
$VRUS LONG
ST
Skykid, another choice is to not flip at all after you recover your original buy and hold the balance for Glory. What's better, 2 times your money or 100-1000 times your money. The latter is life changing and you don't set yourself up for grief from strong hands.
You somehow stumbled on to the 2019 OTC darling stock of the year. You could spend years looking for a real company in the pinks that is legitimate, profitable by multipliers and does everything they say without any phony fluff or BS. Combined with world class management, IR and legal is simply not heard of in OTC land.
If you're advocating to be a flipper on this stock you are part of the problem with the PPS not moving up like it organically should.
Good Day and good luck,
VRUS LONG and week hands get nothing.
ST
Quote:
_____________________________________________________________________
Skykid
Saturday, 05/04/19 02:29:37 PM
Re: JohnnyVegas post# 86314
0
Post # of 86339
If your flipping, Always start with more than you original amount you may want for the long scenario..... Flip it all untill you have doubled up. Sell half and keep the rest for the long term and now only flip the part that has doubled
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Hey Estate, that would be jacked up at best. Paid advertising as poster on the board? I could see it on the sides, top and bottom like all others. Or even perhaps if there was a written disclaimer at bottom of his video that this is a paid advertisement. Who knows what he worked out with IHUB. Very sad if that is the case. Kind of disrespects all the rest of us paying members. Just sayin.
Have a great weekend. We're about to have a couple of exciting months ahead!
VRUS LONG
ST
Thanks Janet, have a relaxing weekend with the solace of knowing you will be a millionaire soon.
VRUS LONG
ST
Sir Nestalot, great post and first rate DD. Would expect that from you. Great to think about here on a sunny 72 degree day in Northern California. Soft cool breeze included. (sorry to Paul)
Thanks for the hard work.
VRUS LONG
ST
shotsky your just guessing and trying too make it look like you know what your talking about. I call full on horseshit on that one!
Quote:
______________________________________________________________________
Verus has done something that violates etrades rules.
______________________________________________________________________
$VRUS
ST
Clay Spamalama.
$VRUS LONG
GC, you are right. He is trying to shake the trees to see if any cheep shares fall off. Or perhaps, he's simply a Mad Hater. I enjoy your intelligent post BTW! gave you a follow to #32. Keep up the good work.
VRUS LONG
ST
The 30 minute candle spammer.
$VRUS and trading without Clay :>
ST
austinsec, you said "you don't get it". That I can't help you with.
VRUS
ST
austinsec, first off happy birthday and welcome to the forum.
The terms of this short term financing is what a newly listed NASDAQ company with great credit would hope for. We have not even applied yet. Read the yellow above and the stickies to get a better feel of what is going on. I only hope you do not join the dark side. I don't know if having "SEC" on the end of your name may put off some from replying. I gave some thought to not reply myself over that.
VRUS LONG
ST
A MUST READ FROM MARK FORNEY IN INVESTOR RELATIONS!!
If you have an ETRADE account make the time to pick up the phone and complain! (See Mark's comment below). This is a way it may help getting us and others back to being able to buy VRUS on their platform. This restriction of sell only and buy by phone only is affecting the PPS so VERY IMPORTANT you call to express concerns and displeasure with them. A little help here please.
_______________________________________________________________________
Quote:
JCG917
Thursday, 05/02/19 12:45:18 PM
Re: TruthFairy222 post# 85961
0
Post # of 85975
Mark Forney
12:29 PM (7 minutes ago)
to me
John,
This is ETRADE's own decision, so we have no control. We are working on some things to remedy the situation (possibly), but it is up to ETRADE customers to complain directly.
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All out call to action here VRUS. Help out please!
VRUS LONG
ST
Hey Kingpindq, rather than giving a long explanation of OID's and avoiding the verbal babble of Mr. "you can't ever short the OTC" I will summarize.
The Original Issuance Discount, (OID) was written into the note as negotiated by both parties, however, the note was ultimately written by GS counsel and paid for by VRUS. It is little more than a legal and clever way to reduce the taxable obligation of the interest earned by the lender of a Securities Purchase Agreement. (Private Placement)
OID"s are or equal too unstated interest. If the note is issued with a maturity of less than one year, GS only pays tax on the interest earned of the discounted amount. ie. $510,000 vs $600,000. The maturity amount that VRUS must pay is still $600,000 plus the $15,000 in legal fees to GS.
This was a very clever add by Anshu and allows for lower per annum interest rates. So well done VRUS.
KP, I enjoy your post and gave you #85 this morning.
VRUS LONG to the escrow office
ST
Hey Kingpin, I jus read this post and wrote almost the same thing, including link some 20 post later for Nest/rrb. It was just a coincidence not a copy of yours. Mabey great minds think alike.
BTW how did you come up with the math of the 90K discount creating an additional 18% ROI for GS Capital. I'm fairly well versed in OID's.
Thanks,
VRUS LONG
ST
rrb123, it is in fact GS Capital partners, LLC.
The address payable on the note is 30 Broad St, Suite 1201 NY, NY. That is the address for GS Capital Partners, LLC.
These are the big boys. 30 Broad Street is the 49 story New York Stock Exchange building.
Here is a link to a Securities Purchase Agreement for another company with GS Capital Partners, LLC and the exact same address on our note that we purchased from them. It is not unusual for a company to go by it's less formal name in a Note that is not bound by the rules of the 1933 securities act. Our Note is a Private Placement.
https://www.sec.gov/Archives/edgar/data/1517681/000149315218014184/ex10-2.htm
VRUS LONG
ST
I hope you will continue to post after we complete the uplist to NASDQ. You're good luck.
VRUS Long a Roonie
ST
MadHatter, will you still be posting with us here after we uplist? Would hate to miss your positive influences.
VRUS LONG
ST
Either wrong board or straight up spam.
VRUS LONG